270 Water Street N, Cambridge ON N1R 3C3

$ 709,000
270 Water Street N, Cambridge ON N1R 3C3,
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Overview

  • Updated On:
  • May 30, 2025
  • 5 Bedrooms
  • 3 Bathrooms
  • 1,874 ft2

Description

This prime asset ensures a turnkey income stream through modern finishes, multiple hydro meters, and shared coin-operated laundry, all contributing to tenant satisfaction and consistent revenue. Fully renovated (2017) commercial-zoned 3 unit home offers immediate, robust holding income from 3 self-contained units, all currently tenanted at attractive market rents. It stands as a low-maintenance asset, featuring a durable metal roof (2015) and aluminum siding, which significantly minimizes future capital expenditures. Its prime location makes it a true tenant magnet, boasting a high walk score that gives tenants unparalleled access to essential amenities like Tim Hortons, FreshCo, Starbucks, and Subway – a significant draw for those without vehicles, with ample parking for 4 vehicles adding further appeal. Crucially, situated in a thriving, high-demand area, this property holds explosive redevelopment potential, making it a prime candidate for lucrative future multi-residential or mixed-use projects. This is more than a 3 unit home; it’s a launchpad for substantial long-term value and a rare opportunity to capitalize on the significant redevelopment wave in Galt. Don’t miss your chance to secure a premier asset in this dynamic growth zone!

Address: 270 Water Street N, Cambridge ON N1R 3C3
City:
State/County:
Zip: N1R 3C3
Country: CA
Open In Google Maps
Property Id : 2830621
Price: $ 709,000
Property Size: 1,874 ft2
Property Lot Size: 0 ft2
Bedrooms: 5
Bathrooms: 3
Other Features
Accessory Apartment
Has Heating System
Open Parking
Refrigerator
Separate Heating Controls
Separate Hydro Meters
Stove
$ 2,748.93
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,748.93

Mazher Latif

Real Estate Agent
Member of: Cityscape Real Estate Ltd., Brokerage

Contact Me

Schedule a showing?
Call +1 (519) 209-6934 WhatsApp

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Mazher Latif